Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) says trading in its shares on AIM has resumed after a court in Lod granted a 21-day temporary suspension in proceedings to facilitate a financial restructuring with creditors.
A settlement manager has been appointed by the court to review the company's short-term budget and is expected to provide his initial report within 10 days regarding a 90-day creditor protection window.